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The report explores the integration of systems thinking into asset management to better assess sustainability impacts. It identifies six key dimensions of systems thinking—considering multiple sustainability dimensions, both positive and negative impacts, indirect effects, co-benefits and trade-offs, long-term perspectives, and the scale of impacts. The study finds that while there is interest among 'front runner' practitioners, the finance sector's reliance on quantitative, aggregated data and short-term horizons creates a significant barrier to operationalizing a systems approach. The authors argue that improved, standardized, and audited company reporting, particularly through EU regulations like the CSRD and EU Taxonomy, is essential to provide the data necessary for effective systems-level analysis.

The document outlines a strategy for India to transition to a green steel economy, identifying five primary technical levers—green hydrogen, renewable electricity, CCUS, scrap usage, and energy efficiency—and six policy objectives to drive the transition through standards, procurement, R&D, and sustainable finance.

The report analyzes the Brazilian sustainable securitization market, highlighting the dominance of green labels and the potential for asset-backed securities (ABS) to fund small-scale sustainable projects in agriculture and energy.

The cement sector is a major industrial emitter, accounting for approximately 7% of global CO2 emissions and 4% of EU emissions. The report argues that the current decade is critical because 30% of EU cement kilns will reach the end of their life by 2030, presenting a window to avoid stranded assets by investing in low-carbon technologies. Key technical levers include reducing the clinker-to-cement ratio, implementing carbon capture and storage (CCS), and substituting fossil fuels with biomass and waste. To support this, the report recommends a comprehensive policy suite: upstream (accelerating renewable energy and CO2 infrastructure), midstream (implementing Carbon Contracts for Difference and phasing out ETS free allowances), and downstream (mandating green public procurement and scaling off-take agreements). It also highlights the role of sustainable finance, noting that while sustainability-linked bonds (SLBs) have been issued, their potential in the cement sector remains under-exploited due to a lack of sector-specific standards.

The Stakeholder Toolkit lists various guidance documents, data tools, and networks aimed at integrating deforestation risk into financial decision-making. It highlights frameworks like the TCFD and TNFD, data tools such as TRASE and Forest IQ, and investor initiatives like Climate Action 100+ and the Finance Sector Deforestation Action (FSDA) initiative to support the transition toward deforestation-free financial portfolios.

The toolkit compiles various resources for the financial sector to address deforestation and climate change. It highlights reporting frameworks like the TCFD and TNFD, data tools such as TRASE and Forest 500, and investor-led initiatives like Climate Action 100+ and the Financial Sector Deforestation Action (FSDA) to help institutions achieve deforestation-free portfolios and align with sustainability goals.

The Jasiri Gender Bond, launched in February 2022 by NMB Bank with technical support from FSD Africa, mobilised USD 32 million to support women-led enterprises in Tanzania. The bond provided capital to over 200 SMEs and 3,000 MSMEs, offering loans at a competitive 14% interest rate compared to the 19% market average. It was the first Sub-Saharan bond listed on the Luxembourg Green Exchange and saw a 197% oversubscription, with 99% of investors being retail investors. The bond's success was supported by the Capital Markets and Securities Authority's adoption of ICMA guidelines, facilitating the use of global standards for local ESG products.

Reclaim Finance proposes a framework for credible corporate climate transition plans, arguing that access to green financing should be contingent on plans that cover all emission scopes, set absolute targets aligned with 1.5°C scenarios, and include sector-specific 'red lines'. The framework emphasizes the exclusion of carbon offsets from targets, the integration of climate performance into executive remuneration, and the requirement for lobbying activities to be transparent and consistent with climate goals.

The policy brief proposes that the European Central Bank (ECB) use monetary policy to create a cost-of-capital differential between 'green' and 'brown' activities. It suggests a green financing facility providing preferential refinancing rates to banks that fund renewable energy and energy-efficient building renovations. The author argues this would ensure credit availability, incentivize banks to meet environmental commitments, and support long-term price stability without increasing public spending, urging France to use its influence via the Banque de France to promote this agenda.

WWF-Singapore's 2022 baseline assessment of 41 banks reveals that while over half recognize E&S risks in the seafood sector, only 20% have disclosed specific sector policies. The average score across 34 sub-indicators was 17%, with European banks showing the most robust policies and Asian and North American banks lagging. The report finds that expectations for wild-catch production are the most developed, while aquaculture and downstream requirements are lacking. WWF recommends that banks align policies with UNEP FI Sustainable Blue Economy Finance Initiative guidance, integrate seafood risks into broader thematic policies, and develop targeted 'blue' financial products.

The Climate Bonds Initiative provides a certification scheme for entities to validate their climate credentials and transition plans. Certification is available at two levels: Level 1 for entities already aligned with 1.5°C pathways, and Level 2 for those with transition plans predicting alignment by 2030. To be eligible, at least 90% of an entity's activities must be 'Eligible Activities' based on existing Sector Criteria. Certification is valid for five years, requiring annual verification by an approved verifier, and is restricted to non-financial corporate entities.

The 2023 Forest Declaration Assessment finds that global finance for forests is severely inadequate, with 'gray' finance (subsidies driving deforestation) vastly outweighing 'green' finance. Public green finance averages USD 2.2 billion annually, less than 1% of estimated needs. Private financial institutions continue to provide trillions in financing to high-risk companies, while the voluntary carbon market faces declining demand and pricing due to integrity concerns. The report highlights a critical funding gap for Indigenous Peoples and local communities, who receive only 3% of the finance needed for tenure reform.

The document outlines how cultural organizations can stop supporting environmentally destructive industries, specifically the petroleum sector, by reviewing pensions, banking, and sponsorships. It advocates for the adoption of ethical fundraising policies and public pressure on decision-makers to remove environmentally harmful subsidies.

The report analyzes the 2022 reporting practices of 100 large EU companies, finding that while adoption is high, significant issues exist regarding the precision of legislation, the complexity of reporting forms, and the relevance of defined activities for many sectors. It highlights a discrepancy between the eligibility reported by financial and non-financial companies and recommends simplifying reporting requirements and clarifying key legal terms.

WWF is implementing a three-pronged strategy to address ESG risks in the seafood sector through an investor collaboration with partners like the FAIRR Coller Initiative and UNEP FI, the publication of actionable guidance for banks and asset managers, and the provision of a 'Seafood Sustainability 101' e-learning course for finance professionals.

The Canadian Climate Institute highlights that while Canada's first Emissions Reduction Plan can meet 2030 obligations, success depends on the 2023 finalization of three key policies: an oil and gas emissions cap, the Clean Electricity Regulation, and carbon pricing improvements. The report emphasizes the need for a net-zero electricity grid by 2035, the implementation of the National Adaptation Strategy, and increased leadership from provincial, territorial, and Indigenous governments to mobilize green capital and reduce emissions.

The Canadian Climate Institute outlines a path for Canada to meet its 2030 emission targets, emphasizing the need for a strict oil and gas emissions cap, a clean electricity framework by 2035, and improved carbon pricing certainty via carbon contracts for difference. It notes that these domestic efforts are supported by global trends, such as the EU's Green Deal and the US Inflation Reduction Act, and calls for increased leadership from provinces, territories, and Indigenous governments to ensure a successful energy transition and climate adaptation.

An analysis of Indonesian commercial banks reveals that while there is 100% compliance with mandatory sustainability reporting under POJK 51, the quality of these reports lacks the technical depth required by international standards like the TCFD. Between 2019 and 2021, ESG portfolios reached USD 3.6 trillion, but over 70% of this was directed toward MSME financing rather than green activities. Private banks show a higher proportion of green finance (41%) compared to state-owned banks (23%), yet the total commercial bank contribution meets only 9% of the USD 285 billion needed for Indonesia's 2030 climate goals. Significant gaps exist in risk management, with fewer than 15% of banks integrating climate-related risks into their overall risk frameworks, and none incorporating climate impacts into their financial statements.

Armenia is seeking USD 197,031 from the Green Climate Fund (GCF) over 18 months to update its Country Cooperation Programme for the 2024-2027 replenishment round. The project, implemented by the Environmental Project Implementation Unit (EPIU) under the Ministry of Environment, aims to align climate funding with the updated Nationally Determined Contributions (NDC) and the Long-term Low Emission Development Strategy. Key activities include a national readiness needs assessment, the development of a Green Finance Implementation Strategy and Action Plan for 2023-2027, and the design of a high-quality Simplified Approval Process (SAP) project concept note. The initiative seeks to address coordination gaps between strategic frameworks and limited private sector engagement in climate finance.

Reclaim Finance criticizes the proposed evolution of France's Socially Responsible Investment (ISR) label, noting that while the need for stronger criteria is recognized, the lack of public membership in working groups and the postponement of precise definitions risk diluting responsibilities and ignoring scientific evidence.